Local banks continued to dominate, originating 59% of loans via the platform. However, foreign banks have expanded their share significantly to 26%, up from 19% in 2023.
Singapore’s F&B sector falls into contraction after year of growth, but bright spots remain: OCBC
SINGAPORE] Singapore’s food and beverage (F&B) sector has softened in recent months amid market saturation and challenging macroeconomic conditions, but opportunities remain, industry players said.
Factbox-Parties in Singapore’s election and their platforms
Singapore holds a parliamentary election on May 3 that will be contested by 11 parties across the city state of 6 million people with 2.76 million registered to vote. Following are details of the key ...
Singapore investors buy 2.5 tonnes of gold bullion in Q1, the most since 2010
World Gold Council sees recession risks and geopolitical tensions continuing to drive gold demand for investment. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Wilmar posts higher first-quarter profit, flags tariff uncertainty
Company is one of the world’s largest food producers. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore SMEs Hit by Record 8.47% Borrowing Costs and Shrinking Loan Access in 2024: Linkflow Capital Survey
New data shows sharp contraction in loan sizes, rising business cessations, and shifting lender dynamics as SMEs struggle with tighter financing conditions.
New types of players seek ‘diamonds in the rough’ by pursuing SME M&A deals in Singapore, Asean
Unlike traditional private equity firms, these niche players have an appetite for micro- to small buyouts and longer-term holds Read more at The Business Times.
Why Smart Money Is Still in Crypto (Even After the Chaos)
Photo from Unsplash.com After the recent market turbulence, a lot of investors are rethinking their portfolios, looking for assets that promise both growth and resilience to market fluctuations. Smart ...
Singapore stocks end lower amid mixed regional markets
Across the broader market, gainers outnumbered losers 259 to 214. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Q1 unemployment up slightly; employment growth slows amid trade war uncertainty
MOM expects the labour market to soften, given greater uncertainties in external growth prospects. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s tripartite partners must make ‘short-term tradeoffs and long-term investments’ in transformation: SNEF
SINGAPORE] In these uncertain times, the government, employers and unions must “come together to make necessary short-term tradeoffs and long-term investments”, said Singapore National Employers ...
Singapore’s Wilmar International posts 4% rise in first-quarter profit
Singapore-listed food conglomerate Wilmar International reported a 4% rise in first-quarter profit on Tuesday, on better performance from both its food products and plantation and sugar milling ...
Trump’s baseline tariffs affect 55% of Singapore’s exports – what about the rest?
SINGAPORE] While the US has slapped a 10 per cent baseline tariff on all countries, this rate applies to only about 55 per cent of Singapore’s domestic exports to the US. Read more at The Business ...
Singapore downgrades 2025 GDP forecast amid tariffs
Singapore's Ministry of Trade and Industry has cut the country's growth forecast for 2025 to zero percent to 2 percent in the face of US tariffs, with some economists warning of a possible technical ...
Singapore’s growth outlook more cautious as US tariffs hit: MAS
Singapore’s growth outlook has turned more cautious amid an increasingly challenging global trade environment following US tariffs. This is according to the Monetary Authority of Singapore's report ...
GE 2025: PAP will provide support for Singaporeans for as long as necessary says Indranee
SINGAPORE] Goods and services tax (GST) vouchers, cash payouts and utilities rebates may not seem much but these support measures and others are substantial when they are added up, said Minister in ...